Market Analysis: 25 July 2018

Disclaimer: The views and claims expressed here are not meant as an alternative form of investment advice. Every investment move involves risk, and you should consult professional financial advisors for guidance or conduct your own research before making a decision.

According to TokenInsight analysis, Bitcoin search index growth rates increased to 0.012% from yesterday’s figure of 0.009%. Meanwhile, the number of Bitcoin exchanged has hit a new record high in the past 5 months, increasing by 27% to 263,000. BCtrend analyst states that Bitcoin popularity has breached into bull market and a short-term upward trend can be confirmed despite the lack of improvement in terms of other coins’ popularity.

According to independent analyst Tommy Tang, Bitcoin trade volumes broke several pressure positions and mainstream currencies have also increased. BTC price is more likely to continue to grow.Investors will face more risks if they buy in now and are advised to wait for a proper opportunity.